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To: GST who wrote (110051)10/10/2000 12:22:22 AM
From: Danny  Respond to of 164684
 
Not true, GST. If ARBA can grab 5B in profit in 10
years, then it will carry a P/E of 60-80, not just
20-30 before its growth slows down. That means a
market cap of 300-400B, a return of 11 to 15 times
from here, much much better than any T-bill you
have.

The reason is simple, when ARBA does make its 5B
in profit, wall street will value it as if it
will make 15B in profit in the next 10 years after
that. This is the only reason why CSCO could be
CSCO of today



To: GST who wrote (110051)10/10/2000 12:27:12 AM
From: Danny  Respond to of 164684
 
BTW, I am in no way of saying ARBA will make 5B or 1.5B,
I am just saying that this is the way the street is
valuing this company now.